Virginia Parents Coalition

Virginia Parents Coalition The scholarships students receive are made possible as a result of the EISTC. The EISTC does not remove or divert funding away from public schools.

About Virginia Parents Coalition

The coalition officially formed at the beginning of 2020 in order to ensure the Education Improvement Scholarship Tax Credit (EISTC) program’s continued success in Virginia. VIRGINIA EDUCATION IMPROVEMENT SCHOLARSHIP TAX CREDIT

Background:
The EISTC, established in 2013, and administered by the Virginia Department of Education, has given thousands of vulnerable s

tudents across Virginia the opportunity to attend private schools in their communities. How it works:
The EISTC allows private donors and businesses to make donations of $500 to $125,000 to private school scholarship foundations and receive a 65% tax credit against their annual state tax liability. The program is capped at $25 million and credits are awarded on a first come, first served basis. In FY19 (the latest year reported), the EISTC accounted for $10.9 million in tax credits and supported 4,710 scholarships to students across the Commonwealth. Private scholarship foundations that receive these contributions then administer scholarship programs to eligible students in partnership with private schools. Why It’s Important:
The EISTC provides equitable opportunity for Virginia’s most vulnerable students to receive the highest quality education they deserve. Opportunities to attend private schools should not depend on a student’s socioeconomic background and the quality of their education should not depend on their zip code. For the cost of every $1 in Education Improvement Scholarship Tax Credits in FY19, the Commonwealth saved $2.10. Private dollars fund private school scholarships. Public dollars do not. The EISTC is not a voucher program. Private donations funding scholarship programs are funds that never touch state coffers. Virginia does not have a state funded and administered voucher program. Schools that provide EISTC scholarships are mandated to follow strict reporting and accreditation guidelines under state and federal law, and recipients of scholarships must meet narrow criteria.

ESITC in the news! "Virginia's Scholarship Tax Credits Are an Educational Beacon of Hope" See the full article, and lin...
07/16/2022

ESITC in the news!

"Virginia's Scholarship Tax Credits Are an Educational Beacon of Hope"

See the full article, and link to the original post by the American Enterprise Institute (AEI) at the link below.

https://virginiaparents.org/EISTC%20In%20The%20News/

06/20/2022

Thank you for your support of EISTC!

Thank you for taking the time to write your legislators in support of the Education Improvement Scholarship Tax Credit.

You may already have heard that full funding was retained on a bi-partisan vote in both the House of Delegates and the Senate. Let me assure you that this happened only because Virginians like you took action to let your elected officials know your views.

This is the power you have as a constituent, and it is important. We are so thankful for your support!

But the Virginia Parents Coalition won’t stop until more children have more opportunities. Watch the video below for an idea of our next campaign!

Thank you again!

https://www.youtube.com/watch?v=iSZH2iPVUk0&t

The Education Improvement Scholarships Tax Credits program is Virginia's only school choice program. Cuts to this progra...
06/08/2022

The Education Improvement Scholarships Tax Credits program is Virginia's only school choice program. Cuts to this program would be devastating to the thousands of low-income students in Virginia who rely on donor-funded scholarships through the EISTC. You can urge Gov. Youngkin to oppose the cut.

The Virginia budget deal, which passed both chambers of the General Assembly, would cut funding for a school choice tax credit program by more than half of its current funding.

"Families need a variety of options to educate their child. No one system can do it all for everyone. Let's give parents...
02/08/2022

"Families need a variety of options to educate their child. No one system can do it all for everyone. Let's give parents the resources so they can make the right choice for their children.

We can do that with an Education Savings Account, by utilizing the Virginia Education Improvement Scholarship Tax Credit, and by opening more charter schools, lab schools and virtual schools. We can do that by helping public school programs become even more successful.

Everyone in the commonwealth has a stake in this. We all depend on good schools to provide a good education for good citizens, good government, good property values and good jobs. We live in a great nation and a great state. Great education will ensure it is there not only for us but for future generations."

Re-imagining Our Schools:
Winsome Earle-Sears column: Creating a better education for
Virginia’s next generation

It is time for the commonwealth to shift gears. We need to have good schools for all children in all communities, and all ZIP codes. We need to return power

09/03/2021
The Virginia EISTC Program is administered by the Virginia Department of Education. Find out more here
09/01/2021

The Virginia EISTC Program is administered by the Virginia Department of Education. Find out more here

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A recent study conducted by Mangum Economics, LLC found that the EISTC program generates savings for the Commonwealth of...
07/09/2021

A recent study conducted by Mangum Economics, LLC found that the EISTC program generates savings for the Commonwealth of Virginia by enabling students to switch from public to private schooling.

Read more in the Fiscal Impact of Education Improvement Scholarships Tax Credits Program report found on our website and join our mailing list to receive future updates, and to stay involved with the VPC.

Happy Holidays from the Virginia Parents Coalition!
12/23/2020

Happy Holidays from the Virginia Parents Coalition!

Address

Glen Allen, VA
23059

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